Cost of Living in Yerevan, Armenia

Last updated on May 08, 2025

Summary: The cost of living in Yerevan, Armenia is generally considered to be quite affordable. A nice 1 bedroom apartment in Yerevan can cost anywhere from $200 to $400 per month, while a nice 2 bedroom apartment can cost from $400 to $700 per month. The cost of dinner at a moderately priced restaurant in Yerevan is usually around $10 to $15 per person.

Is the cost of living in Yerevan high?

We asked people how much they someone comfortably live on in Yerevan, they wrote:

"For a couple, $1,000 will do it. We are four, and we live very comfortably on $2,000, but I'm able to bank $4,000 to $8,000 a month," remarked one expat in Yerevan.

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Will I save money living in Yerevan?

"I earn nearly the same as I would in the States, and without the tax burden everything is much better," explained one expat.

What are typical rental prices for expats in Yerevan?

"The rental price for a nice 1 bedroom apartment in Yerevan can range from around $400 to $800 per month, depending on the location and amenities. For a nice 2 bedroom apartment, the rental price can range from around $600 to $1,200 per month, again depending on the location and amenities," said one expat.

What appliances are typically included in a rental?

We asked foreigners in Yerevan what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:

"In a rental property in Yerevan, tenants can typically expect to find a refrigerator, stove, oven, and washing machine. Other common appliances include a microwave, dishwasher, and air conditioning unit. Depending on the property, tenants may also find a clothes dryer, water heater, and other small appliances," remarked one expat in Yerevan.

About the Author

Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.